Hundred and Eighty Two only). The Original Application has been filed through Sh. Yogesh Kumar, Senior Manager of the applicant bank, who is competent to institute the Original Application vide Authorized Letter dated 20.09.2022, which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendant no.1 had approached the applicant bank for the grant of ‘Akshay Krishi Credit Card (KCC) Limit of Rs.20.00 Lacs vide Loan application dated 03.06.2015, which is Annexure A2 to this OA. 3. The applicant Bank sanctioned the ‘Akshay Krishi Credit Card (KCC) Limit of Rs.20.00 Lacs vide Sanction Letter dated 12.06.2015, which is Annexure A5 to this OA and the terms and conditions were duly accepted by the defendants. 4. Defendant No.1 had mortgaged his immovable properties i.e. Total land measuring 40K-00M situated at Village Duttal, Tehsil Patran, District Patiala, Punjab vide Declaration u/s 4(1), Jamabadi for the Year 2012-13 and Lien Report dated 11.06.2015, which are Annexures A9 to A11 to this OA. Documents executed:- Interview-cum-Appraisal form and Memorandum of sanction letter, which are Annexures A3 and A4 to this OA; D.P. note, Consent clause by borrower, Hypothecation agreement, Consent clause by guarantor and Deed of guarantee all dated 12.06.2015, which are Annexures A6 to A8, A12 and A13 to this OA; Acknowledgment of debt dated 11.12.2018 and 13.09.2021, which are Annexures A14 and A15 to this OA and Statement of account, which is Annexure A16 to this OA. 5. The loan account became irregular and was classified as NPA and after adjusting debit and credit entries in loan account there was a debit of Rs.28,20,382.00, which is recoverable and the defendants were served recall notices but they did not repay the outstanding amount, therefore, the applicant bank requested to accept the application and to issue Recovery Certificate accordingly.
